Clearing and settlement are critical yet often overlooked components of financial markets, ensuring the smooth transfer of assets and funds between counterparties. As markets grow more complex, the risks associated with post-trade processes - such as counterparty defaults, settlement failures, and liquidity shortfalls - have become increasingly significant.
This full-day workshop provides a comprehensive walkthrough of clearing and settlement mechanisms, the role of Central Counterparties (CCPs), and the management of counterparty risk. Participants will gain a detailed understanding of the trade lifecycle, from execution to final settlement, across various asset classes, including equities, fixed income, derivatives, and FX.
The workshop will also address key regulatory imperatives, such as G20 reforms, EMIR, Dodd-Frank, and the shift toward T+1 settlement.
The session also covers advanced margining methodologies, such as SPAN and VaR-based models, and emerging trends like blockchain and AI in post-trade processing.
Designed for risk managers, traders, compliance officers, and clearing professionals, this workshop equips participants with the knowledge to navigate today’s evolving clearing and settlement landscape effectively.
This full-day workshop provides a comprehensive walkthrough of clearing and settlement mechanisms, the role of Central Counterparties (CCPs), and the management of counterparty risk. Participants will gain a detailed understanding of the trade lifecycle, from execution to final settlement, across various asset classes, including equities, fixed income, derivatives, and FX.
The workshop will also address key regulatory imperatives, such as G20 reforms, EMIR, Dodd-Frank, and the shift toward T+1 settlement.
The session also covers advanced margining methodologies, such as SPAN and VaR-based models, and emerging trends like blockchain and AI in post-trade processing.
Designed for risk managers, traders, compliance officers, and clearing professionals, this workshop equips participants with the knowledge to navigate today’s evolving clearing and settlement landscape effectively.
Course Content
Introduction & Workshop ObjectivesClearing & Settlement FundamentalsSettlement Risk & FailuresCentral Counterparties (CCPs) & Risk ManagementPortfolio Margining MethodologiesRegulatory Landscape & Future Trends
Overview of clearing & settlement in financial markets
The Trade Lifecycle: pre-trade, order management, execution, post-trade clearing, collateral management and margining, settlement and custody.
Types of Settlement Risk (Principal Risk, Replacement Risk, Liquidity Risk, Delivery & Payment Risk, Herstatt Risk for FX)
Role and Benefits of CCPs
Standard vs. Portfolio Margining
Key regulations: EMIR, Dodd-Frank, Basel III, UAE’s SCA Framework
Speaker
The Trainer is an industry advisor and regulatory expert with 25 years of experience in investment banking, asset management regulations and Regulatory Technology (RegTech). He is an industry expert in Credit, Counterparty and Systemic Risk Management for banks, brokerages, asset managers, pension funds and insurers; and advises on the impact of CCPs, Clearing & Settlement Risk, and default risk frameworks across US, EMEA and APAC for regulatory frameworks such as EMIR, MIFD II, IFR/IFD/IFPR, Dodd Frank, FINMA (SIX), HKMA MAS and SFC.He combines experience in strategic Risk Management frameworks with processes and platform management incorporating risk and governance policies.
His recent key engagements include banks such as HSBC, Deutsche Bank, JP Morgan and Barclays and buy side firms such as T. Rowe Price, Ruffer, M&G and Investec Asset Management, to name a few. He is also a member and advisor of industry association committees for regulatory consultations with bodies such as ESMA, FCA, PRA/Bank of England and SEC.
